Bcg manufacturing cost index
BCG's Global Manufacturing Cost-Competitiveness Index has tracked changes in production costs over the past decade on the basis of wages, productivity 13 Feb 2020 economic and regulatory frameworks, according to the Boston Consulting Group's 2019 Global Manufacturing Cost Competitiveness Index. Source: BCG-Average manufacturing cost index. https://www.bcgperspectives. com/content/interactive/lean_manufacturing_globalization_ In industry, models of the learning or experience curve effect express the relationship between where (1-b) is the proportion reduction in the unit cost with each doubling in the Research by BCG in the 1960s and 70s observed experience curve effects for various This filters through to the manufacturing process. A good 26 Jun 2015 Even more striking: BCG projects that by 2018 it will be 2% to 3% cheaper to make stuff here than in China. Manufacturing Cost Index Part of For information or permission to reprint, please contact BCG at: E-mail: Cost Pressures Facing U.S. Manufacturers, National Association of. Manufacturers and Exhibit 1. The International Innovation Index Is Based on a Variety of Inputs. 25 Apr 2014 The BCG's Global Manufacturing Cost-Competitiveness Index examines changes in production costs over the last decade in the 25 largest
2 Sep 2014 BCG looked at the world's 25 biggest exporters and created an index of manufacturing costs including productivity-adjusted wages, electricity,
Gatorade, PowerAde, electrolyte pumped-up sports drinks…they're good for you, right? You see athletes chugging down bottles of the neon-colored liquid in The HBS–Boston Consulting Group (BCG) project was established to develop a shared fact base, engage the key that the estimated average manufacturing cost structure for the U.S. in Industrial electricity prices (2013 Index, U.S. = 100) . 5. Mai 2014 Daniel Spindelndreier, Partner bei der Boston Consulting Group und BCG Global Manufacturing Cost-Competitiveness Index, welcher die index of industrial production in the United States and Asia rising transportation costs and production timelines. As a result Sources: Supply Chain Asia, Boston Consulting Group and Deloitte, The future of Quebec's manufacturing industry:.
THIS DOCUMENT CONTAINS PROPRIETARY & CONFIDENTIAL INFORMATION OF THE BOSTON CONSULTING GROUP, INC. Diverse countries have been holding steady in competitiveness 120 110 90 0 100 80 Manufacturing-cost index, 2004 versus 20141 (U.S. = 100) +1 +1 -1 2004 2014 82 83 2014 +1 2004 87 2014 109 2004 107 2014 111 2004 113 87
Source: BCG-Average manufacturing cost index. https://www.bcgperspectives. com/content/interactive/lean_manufacturing_globalization_ In industry, models of the learning or experience curve effect express the relationship between where (1-b) is the proportion reduction in the unit cost with each doubling in the Research by BCG in the 1960s and 70s observed experience curve effects for various This filters through to the manufacturing process. A good
19 Aug 2014 This interactive highlights the results of the new BCG Global Manufacturing Cost- Competitiveness Index, revealing dramatic shifts in costs
Boston Consulting Group | A Manufacturing Strategy Built for Trade Instability 3 Manufacturers must also factor in recent tariff hikes—such as those on steel, alumi-num, and machinery in the US—that are not captured in the BCG Global Manufac-turing Cost Competitiveness Index. The impact—if any—of tariff costs varies dra- BCG's Global Manufacturing Cost-Competitiveness Index covers countries with ~90% of total exports of manufactured goods Australia China India Indonesia JapanSouth Korea Taiwan Thailand Brazil Canada Mexico United States Austria Belgium Czech Republic France Germany Italy NetherlandsPolandSpainSweden United Kingdom Switzerland Russia Source: OECD. The BCG index now rates Brazil as “one of the highest-cost countries”, and the UK as “the cheapest location in western Europe”. Mexico now has lower manufacturing costs than China, whose manufacturing-cost advantage over the U.S. has shrunk to less than 5
19 Apr 2015 Indonesian companies need to reduce reliance on labor costs as their of a pair of trousers at Trisula Garmindo Manufacturing in Bandung,.
THIS DOCUMENT CONTAINS PROPRIETARY & CONFIDENTIAL INFORMATION OF THE BOSTON CONSULTING GROUP, INC. Diverse countries have been holding steady in competitiveness 120 110 90 0 100 80 Manufacturing-cost index, 2004 versus 20141 (U.S. = 100) +1 +1 -1 2004 2014 82 83 2014 +1 2004 87 2014 109 2004 107 2014 111 2004 113 87 Chinese manufacturing labor costs aver-aged only 46 cents per hour—53 times low-er than the $25 per hour average in the US. Since then, Chinese manufacturing labor costs have been rising by 15.6% per year on average—faster than gains in productivity of 10.4% per year. In the US, meanwhile, manufacturing labor costs have increased Despite the recent weakening of the yuan, and factoring in the differences in productivity and energy costs, China’s manufacturing cost advantage over the US shrank from 14% in 2004 to an insignificant 1% in 2016, according to our analysis of data collected for the BCG Global Manufacturing Cost- Competitiveness Index. Boston Consulting Group | A Manufacturing Strategy Built for Trade Instability 3 Manufacturers must also factor in recent tariff hikes—such as those on steel, alumi-num, and machinery in the US—that are not captured in the BCG Global Manufac-turing Cost Competitiveness Index. The impact—if any—of tariff costs varies dra- Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, protected veteran status, or any other characteristic protected under federal, state or local law, where applicable, and those with criminal histories Average direct manufacturing costs in China are now only 5% lower than in the US and just 3% lower in the Yangtze River Delta, according to BCG’s Global Manufacturing Cost-Competitiveness Index. In 2004, direct costs in the Yangtze River Delta were 13% lower.
The new BCG Global Manufacturing Cost-Competitiveness Index shows how the production costs in the world’s ten largest goods-exporting nations changed from 2004 to 2014 relative to the U.S. The index covers four primary drivers of manufacturing competitiveness: wages, productivity growth, energy costs, and currency exchange rates. But restructuring, at times, is essential, as evidenced by BCG’s Global Manufacturing Cost-Competitive Index. This study looked at the top 25 export economies and revealed shifts in relative costs related to manufacturing wages, labor productivity, energy costs, and exchange rates. THIS DOCUMENT CONTAINS PROPRIETARY & CONFIDENTIAL INFORMATION OF THE BOSTON CONSULTING GROUP, INC. Diverse countries have been holding steady in competitiveness 120 110 90 0 100 80 Manufacturing-cost index, 2004 versus 20141 (U.S. = 100) +1 +1 -1 2004 2014 82 83 2014 +1 2004 87 2014 109 2004 107 2014 111 2004 113 87 Chinese manufacturing labor costs aver-aged only 46 cents per hour—53 times low-er than the $25 per hour average in the US. Since then, Chinese manufacturing labor costs have been rising by 15.6% per year on average—faster than gains in productivity of 10.4% per year. In the US, meanwhile, manufacturing labor costs have increased Despite the recent weakening of the yuan, and factoring in the differences in productivity and energy costs, China’s manufacturing cost advantage over the US shrank from 14% in 2004 to an insignificant 1% in 2016, according to our analysis of data collected for the BCG Global Manufacturing Cost- Competitiveness Index. Boston Consulting Group | A Manufacturing Strategy Built for Trade Instability 3 Manufacturers must also factor in recent tariff hikes—such as those on steel, alumi-num, and machinery in the US—that are not captured in the BCG Global Manufac-turing Cost Competitiveness Index. The impact—if any—of tariff costs varies dra-